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    340 Cherry St SE Grand Rapids, MI 49503

    New
    For Sale
    $960,000

    MULTI_FAMILY - Grand Rapids, MI

    Lot size:
    0.14 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 340 Cherry St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 5, Bedroom 7, Bedroom 11, Bathroom 6, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 8, Bathroom 1, Basement, Bathroom 3, Bedroom 13, Bedroom 5, Bedroom 12, Bedroom 9, Bathroom 4, Bedroom 10, Bedroom 1
    Bedrooms
    13
    APN
    41-14-30-381-002
    Parking
    4
    Parking features
    Driveway
    Basement
    Full
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Composition

    Icon Realty Group, LLC (616) 216-2000 [email protected]

    Listing agent Joshua Schaub (616) 216-2000

    Listing date Nov 30, 2025

    MLS# 25052799 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Duplex For Sale

    This income-producing duplex is located in Grand Rapids, in the Heritage Hill neighborhood, a short distance from downtown, hospitals, universities, and numerous restaurants. One unit features 6 bedrooms, and the other has 7 bedrooms. Each unit includes multiple bathrooms, spacious living and dining areas, updated kitchens with ample cabinetry, and in-unit laundry. The property includes a large front porch, a quiet backyard with a deck, and a private driveway for off-street parking. The lot size is 0.14 acres. This property is suitable for investors or owner-occupants seeking rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.659973
    Latitude
    42.959158

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Heritage Hill near downtown, hospitals, universities.
    Where is this duplex located?
    The property is located at 340 Cherry St SE Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $960,000.
    What are key features of this property?
    This property features: - High income-producing potential with two large units (6 and 7 bedrooms).; - Prime location in the desirable Heritage Hill neighborhood, near downtown, hospitals, universities, and restaurants.; - **Updated kitchens with ample cabinetry and in-unit laundry in both units.**
    (616) 216-2000
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    Grand Rapids, MI 49503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 Cherry St SE Grand Rapids, MI 49503
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